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Insight Selectome Fund (Insight Selectome Fund) Net Interest Margin (Bank Only) % : 1,167.59% (As of Sep. 2023)


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What is Insight Selectome Fund Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Insight Selectome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was $9.94 Mil. Insight Selectome Fund's average earning assets for the quarter that ended in Sep. 2023 was $0.85 Mil. Therefore, Insight Selectome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was 1,167.59%.


Insight Selectome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Insight Selectome Fund's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Insight Selectome Fund Net Interest Margin (Bank Only) % Chart

Insight Selectome Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial - - - - 5,808.75

Insight Selectome Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 6,046.25 1,167.59

Competitive Comparison of Insight Selectome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Insight Selectome Fund's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Insight Selectome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Insight Selectome Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Insight Selectome Fund's Net Interest Margin (Bank Only) % falls into.



Insight Selectome Fund Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Insight Selectome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2022 ) + Earning Assets (A: Mar. 2023 ))/ count )
=9.294/( (0 + 0.16)/ 1 )
=9.294/0.16
=5,808.75 %

where

Earning Assets(A: Mar. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.16 + 0 + 0
=0.16

Insight Selectome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2023 ) + Earning Assets (Q: Sep. 2023 ))/ count )
=9.942/( (0.16 + 1.543)/ 2 )
=9.942/0.8515
=1,167.59 %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.16 + 0 + 0
=0.16

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.543 + 0 + 0
=1.543

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Sep. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Insight Selectome Fund  (NYSE:INSI) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Insight Selectome Fund Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Insight Selectome Fund's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Insight Selectome Fund (Insight Selectome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 7th Floor, New York, NY, USA, 10166
Insight Select Income Fund is a diversified closed-end, management investment company. The fund's investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. It offers various solutions such as risk management, liquidity management, and return generation among others.
Executives
Daniel Haff officer: Chief Compliance Officer C/O INSIGHT SELECT INCOME FUND, 200 PARK AVE, 7TH FLOOR, NEW YORK NY 10166
Patrick Harris officer: Chief Compliance Officer C/O INSIGHT SELECT INCOME FUND, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Seth Gelman officer: Chief Compliance Officer C/O INSIGHT INVESTMENT, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Ellen D Harvey director
Insight North America Llc other: Investment Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
James Dichiaro officer: Vice President 113 KING STREET, ARMONK NY 10504
David Lebisky officer: Chief Compliance Officer 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Thomas Stabile officer: VP, Treasurer and CFO 200 PARK AVE, 7TH FLOOR, NEW YORK NY 10166
Robin J. Shulman officer: Chief Compliance Officer 200 PARK AVE, 7TH FLOOR, NEW YORK X1 19103
Thomas Edgar Spock director 43 STONEYSIDE DRIVE, LARCHMONT NY 10538
Cutwater Investor Services Corp. other: Investment Advisor 113 KING STREET, ARMONK NY 10504
Joseph L. Sevely officer: VP, Treasurer and CFO 276 FIFTH AVENUE, SUITE 306, NEW YORK NY 10001
W Thacher Brown director 355 MAPLE AVE, HARLEYSVILLE PA 19438-2297
J Lawrence Shane director 1838 BOND DEBENTURE TRADING FUND, 2701 RENAISSANCE BLVD 4TH FL, KING OF PRUSSIA PA 19406
Mbia Inc other: Parent of Inv. Adv. see foot.1 1 MANHATTANVILLE ROAD, SUITE 301, PURCHASE NY 10577

Insight Selectome Fund (Insight Selectome Fund) Headlines

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